Is Luthersville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Luthersville has remained a Seller's Market.
Housing Prices in Luthersville, GA
How much do homes in Luthersville, GA cost?
Median Sold Price
$279,945
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Luthersville was $279,945 in April 2024, down 3.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $344K | N/A |
2 Bedrooms | $388K | $250K | -35.6% |
3 Bedrooms | $285K | $277.4K | -2.6% |
4 Bedrooms | $277.9K | $276.4K | -0.5% |
5+ Bedrooms | $326.4K | $279.9K | -14.2% |
Summary: Luthersville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.6%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 14.2%.
Housing Supply in Luthersville, GA
How many homes are available in Luthersville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Summary: The Luthersville real estate market had 15 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Luthersville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Luthersville in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Luthersville, GA
How long does it take to sell a home in Luthersville, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
121 Days | 26 Days | -78.3% |
Summary: Homes in Luthersville had an average of 26 days on market in Apr 2024, down by 78.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Luthersville; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.